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White House’s AI Safety Order Leads to Slide for AI Tokens


President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...

Tether’s Q3 Attestation Reveals $3.2 Billion Excess Reserves Backing USDT


Tether, a leading stablecoin provider, reported in its Q3 2023 report that it has $3.2 billion of excess reserves backing the value of its stablecoins, including USDT. On October 31, Tether Holdings Limited published its Consolidated Reserves Report (CRR) for Q3 2023, which has been validated...

Bitcoin’s Black Swan — A Retrospective on 2020’s ‘Black Thursday’


Almost four years have elapsed since the market crash of March 11, 2020, widely known as “Black Thursday.” During that turbulent period, the value of bitcoin plummeted by more than 50% in a 24-hour span, reaching $3,867 per unit. This ominous date, etched indelibly in financial...

Proof-of-Value Meme Coin Sensei Inu Explodes Past $300K in Stage 1 Presale


The Sensei Inu ($SINU) presale has surged past $300K after a highly successful launch with significant ecosystem developments in the pipeline. What’s next for this trending meme coin? It would be easy to write Sensei Inu off as another Shiba Inu copycat looking to capitalize on meme coin...

Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery


Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...

With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks


Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total...

BlackRock CEO Larry Fink Equates Bitcoin's Future Value to Human Freedom


BlackRock CEO Larry Fink shared an optimistic view on Bitcoin last week during a discussion with value investor and Bitcoin enthusiast Mike Alfred.  According to Fink, Bitcoin's future value is intrinsically tied to the concept of human freedom. His perspective comes in the wake of BlackRock's...

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